Order filled to re-short
full position in December contract at 1313.50 4 ticks under the 8/31
(daily) pivot low.
This was picked in
expectation that price would bounce off the 1298 (basis September) support
and re-test the breakdown from what had been the prior pivot low.
I see that
price actually fell to within a tick of the 200% retracement at 1292.75 (basis
September) before rallying. I was gone all morning, however the 200%
retracement is generally a pretty low risk point at which to anticipate a
reversal and offered nearly 10 handles in a quick rally.
Earl
-----Original Message----- From:
realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx]On Behalf Of
EAdamy Sent: Thursday, September 07, 2006 6:21 AM To:
realtraders@xxxxxxxxxxxxxxx Subject: RE: [RT] Beige
book
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